How major US stock indexes fared Tuesday

Retailers sank Tuesday after Amazon said it will raise hourly wages for U.S. employees, and smaller companies continued to stumble. Manufacturers rose and the Dow Jones Industrial Average finished at a record high.

On Tuesday:

The S&P 500 index slid 1.16 points to 2,923.43.

The Dow Jones Industrial Average jumped 122.73 points, or 0.5 percent, to 26,773.94.